Military mortgage in Sberbank conditions in 2019 (calculator)

Not so long ago, a state program was created for military personnel in order to provide them with additional social protection. The topic of the article is military mortgage conditions in Sberbank in 2019 (calculator below).

Conditions for issuing a military mortgage at Sberbank in 2019

The terms of the military mortgage program have certain differences from other mortgage loans. For example, the decision to issue funds is not made on the basis of the required amount, but on the basis of the availability of a certificate confirming the right to receive a housing loan.

The bank can issue loans to military personnel for a maximum of 20 years. But then a number of additional conditions will be exposed. For example:

• the loan must be repaid before the expiration of 20 years;
• the minimum period of this type of lending is 3 months;
• the loan is secured by the purchased housing;
• insurance is issued for the entire period of crediting.

Among the shortcomings of the military mortgage from Sberbank of Russia are noted:

• the possibility of lending only finished housing;
• age - from 21 years old.

Not only an active employee, but also a reserve officer can become a borrower. There is a possibility of attracting co-borrowers.

Maximum military mortgage amount

A serviceman can receive a maximum of 2,330,000 rubles in loans from Sberbank of Russia. The loan amount should not exceed 90% of the price of the purchased housing. The missing amount can be taken from a personal savings account.

Or deposit this money as a down payment. If its size is equal to 10% of the total cost of housing, the interest rate will be only 9.5%. And per month you will have to pay 1/12 of the amount of the savings deposit.

Mortgage lending to the military from Sberbank is distinguished by the lowest interest rates for loans for special purposes. Another advantage is that health and life insurance is not required. This can be done on a voluntary basis.

Mortgage procedure

Military mortgage in Sberbank conditions in 2019 (the calculation calculator is below) requires the following documents to be collected:

1. Statement.
2. A completed application form.
3. Passport.
4. Certificate confirming the right to receive a housing mortgage.
5. Documents for purchased housing.

Papers from the last paragraph do not have to be submitted immediately. 90 calendar days are given for their preparation.

You may also need additions:

• birth certificates of children;
• marriage certificate etc. .

After submission of all necessary documents, a 6-day period for consideration of the application begins. If the loan is approved, it will be issued.

Solvency documents

The following documents will be required to confirm the creditworthiness of the military borrower:

Military mortgage calculator - online calculation according to the specified parameters

Any potential borrower is interested in calculating all the benefits of lending. A military mortgage calculator will help you with this . The main thing is to correctly fill in its points and enter all the parameters.

The military mortgage calculator will very simply select the best loan option, taking into account all priorities.

All the details on the military mortgage in Sberbank

Military mortgage in Sberbank conditions in 2019 (calculator, details and nuances) - on the bank page

As practice shows, banks often lend with the payment of an annuity status, which becomes almost imperceptible with a small amount of the amount. However, if a large amount is borrowed, its size, on the contrary, will increase significantly. Regarding mortgage lending, the most promising type of loan with payments of a differentiated status is considered to be the most promising.

In extreme cases, you can contact a Sberbank employee directly, who will help you calculate the amount of a military mortgage. However, the calculator is very convenient because you can use it without even leaving your home.

Instructions for buying an apartment on a military mortgage (video)

Questions about getting a military mortgage

In the course of obtaining a military mortgage, situations of a very different order can be created. And if there are any subtleties, they should be solved individually.

Very soon, legal advice will be available on the site, through which it will be much easier to understand personal difficulties. One way or another, the article highlights the most popular questions for clarity of consideration:

1. Is it possible to register common property under mortgage housing?
   

   Can. The owners can be: the borrower, co-borrowers, spouses and members of their families.

2. Does the bank hold the apartment as collateral?
   

   Unless something else is specified in the collateral agreement, then yes.

3. How does the solvency of the borrower affect obtaining a mortgage?
   

   Naturally, the bank takes into account the income of the borrower. They can be increased through the involvement of co-borrowers. Their maximum number is 3 people.

4. If the borrower already owns real estate, can he expect to receive a military mortgage?
   

   Maybe. Moreover, it can also act as the subject of collateral. Read more in Law No. 117-FZ. Since, in its wording, nothing is said about the absence of real estate in the property, it means that the presence of such does not affect the banking decision in any way.

5. How does credit history affect military mortgages?
   

   The state of credit history directly affects the receipt of any bank loan. All data is considered on an individual basis.

6. Is it possible to get a tax deduction in a military mortgage situation?
   

   Of course. You can count on a refund of 13% of the amount. Only they are returned subject to a loan of 2,000,000 rubles. And, therefore, the maximum that you can count on will be 260,000 rubles.

In conclusion, it should be noted that if financial questions arise regarding the terms of a military mortgage from Sberbank, it is best to contact the bank employees immediately, since it is possible that individual criteria will need to be considered.